Lot 6 Snowbank Lake Ely, MN 55731

$249,000
Active
estimated monthly payment
2 Beds  |  1 Baths  |  810 Sq Ft  |   |  MLS # 6121957
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About The Listing

Gorgeous cabin on crystal clear Snowbank Lake aprox 22 miles NE of Ely at the end of the Fernberg Road! This fantastic and extremely well-built cabin is water access only (no road) for ultimate privacy, and on a US Forest Service leased land site on the western shore of Snowbank Lake and right near the portage into Flash Lake. The big water views of the lake are phenomenal, including distant views of Disappointment Mountain...deep in the wilderness! The cabin has 2 bedrooms and 1 bath. The living room with stone fireplace/dining area/kitchen, and deck all face the lake with unforgettable views. The whole cabin is finished with beautiful native woods and hardwood flooring. Vaulted and beamed ceilings. Cabin presently has a lake water system that serve the kitchen sink, and a shower and sink in the bathroom. The grey water septic system is in need of upgrading and a future buyer can decide to upgrade, or decommission the water system. Composting toilet. A state of the art solar power system takes care of all the cabin needs. Nice storage building. Dock. Snowbank Lake is a large clear water lake 22 miles east of Ely and at the end of the road, and right where the Boundary Waters Wilderness Area begins. In fact, the northern 2/3 of the lake is fully inside the official boundaries of the wilderness area, offering fantastic access by canoe or boat and motor (25 HP limit inside the wilderness portion). The lake is famous for its great fishing for walleye, lake trout, smallmouth bass, and others! The cabin is fully furnished and ready to go for your enjoyment on this epic wilderness lake!


Listing courtesy of Patricia Bulinski, Bear Island Realty LLC
Purchase Price
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Year Built: 1960
MLS #: 6121957
Bedrooms: 2
Square Feet: 810
Bathrooms (Full): 0
Price Per Square Foot: $307
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 1
Garage Spaces: 0
Parking Description: None
Sewer Description: Compost
Water: Private
Heat Type: Fireplace,Wood,Propane
Construction Description: Frame/Wood,Log Home
Roof Description: Metal
Days On Market (Continuous): 230
Latest Update: 04/16/2026
List Date: 08/28/2025
Listing Agent ID: 7523
Listing Office: Bear Island Realty LLC
Listing Office ID: 31750
Data Source: LSAR - Lake Superior Area REALTORS
Fireplace Features: Wood Burning
Exterior Features: Porch
Lot Dimensions: 111 x 231 x 148 x 272
Lot Size: 0.7 Acres
Lot Features: Accessible Shoreline,Tree Coverage - Heavy,High,Level,BWCA Area
Waterfront: Inland Lake
School District: Ely
Tax Year: 2025
Estimated Taxes: $1,345
City: Ely
Zip: 55731
Area: LSAR
County: Lake County
State: MN

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Listing last updated: 04/16/26

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